Tagged: binance

UK Natwest is Next to Block Binance

Natwest is the next shoe to drop in the ongoing purge of transfers to Binance, according to a report by Yahoo. Recently, Santander and Barclays issued statements that they would no longer facilitate transfers from UK customers to the Binance platform. This all stems from a… Read More

Research Note: Bitcoin Not Alone in Recent Price Woes

Don’t say she didn’t warn you, GlobalBlock sales trader Alexandra Clark said in her latest research notes. As Bitcoin continued plummeting, contributing to the downward spiral was the lacklustre performance of crypto stock Galaxy Digital Holdings, which shed 63 percent of its value from its… Read More

Binance USD Exceeds $11B Market Cap, as Binance CEO Commits to Working with Authorities to Ensure Compliance

Binance USD, a major stablecoin issued by crypto exchange Binance, has reached its $10B market cap milestone and has entered the top 10 digital currency rankings, the company confirmed in a blog post on July 15, 2021. Binance USD has already exceeded $11 billion in… Read More

Binance Exits Stock Token Trading

Digital assets are inclusive of securities, commodities, utilities, and all of the above. For crypto exchanges, the ability to trade security tokens makes sense – if you are fully compliant. Yesterday, the world’s largest crypto exchange Binance announced it will no longer support stock tokens…. Read More

Hong Kong Securities and Futures Commission Says Binance Security Token Offerings are Unregulated Activity

The Hong Kong Securities and Futures Commission (SFC) has issued a notice that Binance may be offering stock token offerings to Hong Kong investors. The SFC stated that Binance is not licensed to offer regulated activity in Hong Kong. Binance has recently been the target… Read More

The Bank of Lithuania Warns Binance on Unlicensed Services

The Bank of Lithuania has issued a warning targeting Binance and its “unlicensed investment services provided in Lithuania.” The Bank did not indicate whether or not it was taking further action to compel Binance to cease any activity within Lithuania. The central bank ordered Binance… Read More

UK Based Payments Firm Clear Junction Stops Binance Transfers

The aftershocks continue to reverberate as affiliated firms assess the action by the Financial Conduct Authority (FCA) to ban Binance’s activity in the UK. Late last month, the UK securities regulatory effectively shut down Binance’s activity in the country. The statement by the FCA was… Read More

Santander Says They Have Stopped Payments to Binance for Customers’ Protection

Following the announcement from Barclays that it would no longer allow transfers to the world’s largest crypto exchange Binance, Santander has announced it will do the same. As posted on the Santander website, the bank explains: We’re stopping payments to Binance for your protection We… Read More

Algorand, Cardano, Bitcoin Among This Week’s Movers in Crypto/Blockchain World

Decision-makers in the United States are warming to cryptocurrency for a variety of reasons, including self-interest, GlobalBlock sales trader Alexandra Clark said recently. Senator Cynthia Lummis has encouraged people to buy and hold bitcoin in their portfolios as the billions of dollars in stimulus cannot… Read More

Barclays Blocks UK Customers From Transferring Funds to Binance

At the end of last month, the UK Financial Conduct Authority (FCA) announced that Binance Markets Limited was no longer permitted to undertake any regulated activity in the UK. Binance Markets is part of the broader Binance Group – a company that powers the largest… Read More

Thai Securities and Exchange Commission Files Criminal Complaint Against Binance

The Securities and Exchange Commission of Thailand is the next jurisdiction to target the world’s largest cryptocurrency exchange. According to a posting by the securities regulator, the Thai SEC has filed a criminal complaint against Binance for operating a digital asset business without a license…. Read More

After Unprecedented Regulatory Crackdown, Binance Deploys CipherTrace Traveler to Address Money Laundering, Illicit Activity Issues

As part of its commitment to compliance, Binance, the world’s largest crypto exchange that has been under investigation by US regulators and other international authorities due to allegations of engaging in recognized markets without authorization (and also contributing to money laundering and other illicit activities),… Read More

Binance Banned: UK FCA Says Binance Markets Limited is Not Permitted to Undertake Any Regulated Activity in the UK

Yesterday, the UK Financial Conduct Authority (FCA) announced that Binance Markets Limited is not permitted to undertake any regulated activity in the UK. Binance Markets is part of the Binance Group. The FCA stated that n other entity in the Binance Group holds any form… Read More

Binance to Exit Ontario, Canada Markets, Following Crypto Regulatory Crackdown by OSC

Digital asset exchange Binance will reportedly stop offering services in Ontario, Canada after the local government decided to launch a regulatory crackdown on crypto-related businesses. Binance’s management confirmed on Friday (June 25, 2021) that all Ontario-based customers need to close out their active positions by… Read More

Decentralized, Community-Owned Digital Currency Platform MUNCH Establishes Bridge to Binance Smart Chain

The MUNCH Project, which is described as a decentralized and community-owned currency (a charitable project that has reportedly given away $2.7 million in four weeks), with a “deflationary” model that gives back to the community, recently revealed that they have made MUNCH “more available” and… Read More

DogeCoin Trading on Binance Briefly Surpassed BTC, ETH Volumes in May, while Ethereum Volume Exceeded Bitcoin on Coinbase: Report

Nate Maddrey and the Coin Metrics research team noted that during the past month, Ethereum (ETH) trading volumes have been catching up with Bitcoin (BTC) volume on Binance, the world’s largest crypto exchange. Although Bitcoin led by a significantly large margin at the start of… Read More

Binance Under the Microscope: Former FBI Agent Discusses Possible Investigation of World’s Largest Crypto Exchange

Last month it was widely reported that Binance, the largest cryptocurrency exchange in the world, was under investigation by US authorities. Both the US Department of Justice (DOJ) and the Internal Revenue Service (IRS) were said to be scrutinizing the activity of the digital marketplace…. Read More

Digital Assets: Atani Founders Reveal how Their Software Allows Crypto Traders to Conduct Seamless Transactions

We recently caught up with Paul Barroso, Co-founder & CEO of Atani and Haydeé Barroso, Co-founder & COO at Atani. Paul and Haydeé explained how their platform allows users to access many different crypto exchanges such as Binance, Huobi, Coinbase Pro, among many others. Atani… Read More

Binance Smart Chain Launchpad BSCstarter Rebrands to Starter, Introduces Four Part Ecosystem for Initial DEX Offerings

BSCstarter recently announced that it has rebranded to introduce a four-part ecosystem for initial DEX offerings (IDOs). As noted in a release shared with CI, BSCstarter is rebranding as Starter, which is a decentralized, cross-chain IDO Launchpad with four separate (or independent) components designed to… Read More

New Crypto Market Entrants After Tesla’s $1.5B BTC Purchase May Have Sold their Bitcoin Holdings to Stronger Hands: Report

Nate Maddrey and the Coin Metrics research team notes that during the past two weeks, crypto was hit by a “double tsunami” of seemingly negative news. Tesla (NASDAQ:TSLA) and SpaceX CEO Elon Musk announced that Tesla would no longer be taking Bitcoin payments while adding… Read More

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